OBSERVE Probability Of Bankruptcy

OBSERVE MEDICAL Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. OBSERVE MEDICAL Probability Of Bankruptcy is determined by interpolating and adjusting OBSERVE Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the OBSERVE balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center.
  

OBSERVE Probability Of Bankruptcy Analysis

OBSERVE MEDICAL's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current OBSERVE MEDICAL Probability Of Bankruptcy

    
  41%  
Most of OBSERVE MEDICAL's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OBSERVE MEDICAL is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of OBSERVE MEDICAL probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting OBSERVE MEDICAL odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of OBSERVE MEDICAL financial health.
Please note, there is a significant difference between OBSERVE MEDICAL's value and its price as these two are different measures arrived at by different means. Investors typically determine OBSERVE MEDICAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OBSERVE MEDICAL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, OBSERVE MEDICAL has a Probability Of Bankruptcy of 41.0%. This is 5.29% lower than that of the Healthcare sector and about the same as Medical Devices (which currently averages 41.17) industry. The probability of bankruptcy for all Norway stocks is 2.94% lower than that of the firm.

OBSERVE Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OBSERVE MEDICAL's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OBSERVE MEDICAL could also be used in its relative valuation, which is a method of valuing OBSERVE MEDICAL by comparing valuation metrics of similar companies.
OBSERVE MEDICAL is currently under evaluation in probability of bankruptcy category among related companies.

OBSERVE Fundamentals

OBSERVE MEDICAL Investors Sentiment

The influence of OBSERVE MEDICAL's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in OBSERVE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OBSERVE MEDICAL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OBSERVE MEDICAL's short interest history, or implied volatility extrapolated from OBSERVE MEDICAL options trading.

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Check out Your Equity Center. Note that the OBSERVE MEDICAL information on this page should be used as a complementary analysis to other OBSERVE MEDICAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for OBSERVE Stock

When running OBSERVE MEDICAL price analysis, check to measure OBSERVE MEDICAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OBSERVE MEDICAL is operating at the current time. Most of OBSERVE MEDICAL's value examination focuses on studying past and present price action to predict the probability of OBSERVE MEDICAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBSERVE MEDICAL's price. Additionally, you may evaluate how the addition of OBSERVE MEDICAL to your portfolios can decrease your overall portfolio volatility.
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